Hot Rock Limited
ASX:HRL ISIN:AU000000HRL9
Geothermal energy is a source of clean, renewable and continuously available power production. We carefully select our projects where the economics are right - that means not just good geology, but also operating in an attractive commercial environment, where the right selling price for electricity and green credits, proximity to transmission grids and population centres, supportive government, attractive fiscal policy and the potential to scale up. Moreover, we base our approach on solid science, engineering and commercial parameters.
News
Australian Market Report of March 15, 2011 includes: Kangaroo Resources Limited (ASX:KRL) is on track to complete the acquisition of the Pakar Thermal Coal Project in Indonesia by June 2011; General Mining Corporation Limited (ASX:GMM) raised A$1.2m to advance projects in Mongolia and Western Australia; Hot Rock Limited (ASX:HRL) successfully completed the first geophysical survey at its Longavi Geothermal Project in Chile; Rex Minerals Limited (ASX:RXM) reported multiple shallow high grade intersections at Hillside Copper Project in South Australia.
Australian Market Report of February 18, 2011 includes: YTC Resources Limited (ASX:YTC) announced further strong drill results from the northern section of the Nymagee Copper Deposit; Meridian Minerals Limited (ASX:MII) has signed a non-binding Heads of Agreement to acquire a 75% interest in the non-alluvial assets of Russian gold company ZAO ZRK Omchak; Peninsula Energy Limited (ASX:PEN) confirmed high grade uranium resource in South Africa; Hot Rock Limited (ASX:HRL) commences its first major exploration program at two geothermal projects in Chile.
In the face of the current economic downturn, the Australian geothermal industry has experienced significant growth in the number of companies that have joined the search for "Hot-Rock Energy", fuelled by the rapidly increasing demand for renewable energy. In the nine months since the Australian geothermal industry launched the world's first Geothermal Reporting Code, six companies have reported massive geothermal energy reserves.
In the face of the current economic downturn, the Australian geothermal industry has experienced significant growth in the number of companies that have joined the search for "Hot-Rock Energy", fuelled by the rapidly increasing demand for renewable energy. In the nine months since the Australian geothermal industry launched the world's first Geothermal Reporting Code, six companies have reported massive geothermal energy reserves.
In the face of the current economic downturn, the Australian geothermal industry has experienced significant growth in the number of companies that have joined the search for "Hot-Rock Energy", fuelled by the rapidly increasing demand for renewable energy. In the nine months since the Australian geothermal industry launched the world's first Geothermal Reporting Code, six companies have reported massive geothermal energy reserves.
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